The Real Cost of the Fiduciary Rule

Can fee-based financial advisers always do better for their clients than commission-based professionals? It depends.

(Image credit: dima_sidelnikov)

Increasingly, investors are asking questions of their advisers. Simply put, investors want to know the motivations behind the advice they’re getting. Is the adviser trying to do what’s in the best interests of the client, or trying to sell the client products, or both?

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The appearances in Kiplinger were obtained through a PR program. The columnist received assistance from a public relations firm in preparing this piece for submission to Kiplinger.com. Kiplinger was not compensated in any way.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Steve Jurich, Accredited Investment Fiduciary® (AIF)
Founder, IQ Wealth Management

Steve Jurich is the founder of IQ Wealth Management in Scottsdale, Ariz. He has more than 23 years of experience helping individuals, families and businesses realize their money goals. He is the author of the book "Smart is the New Rich" and hosts the daily radio show  "Mastering Money"  on Money Radio. Jurich is an Accredited Investment Fiduciary®  and a Certified Annuity Specialist® who manages the IQ Wealth Black Diamond Dividend Growth ™ and the Blue Diamond Technology Leaders™ portfolios.